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I’m way upside down on this ticker, so let’s be clear in that “I’m hopeful that VAYK succeed… I haven’t seen any dilution since “Expert Market”.. I’m going to see what happens & how they recover. I need “Mr. Silent Bill Justice” to show me the MONEY!! but so far, so good (since Expert Market).. Let’s see if they truly cleaned up house & now following thru? Waiting….
https://www.prnewswire.com/news/vaycaychella%2C-inc./
Just another press release in a long line of press releases from a company that can't do anything but put out press releases.
VAYK Announces Structured Acquisition of $5 Million Registered Landmark Property with 24 Month Plan to Acquire $20 Million in Short-Term Rental PropertiesPress Release | 02/15/2024
VAYK Announces Net Equity Increase Over $2.5 MillionPress Release | 02/06/2024
VAYK Updates Business Strategy to Concentrate On $64 Billion Domestic Short-Term Rental MarketPress Release | 02/01/2024
VAYK Announces Strategic Investment and Stock Buyback ProgressPress Release | 08/16/2022
VAYK Real Estate Fintech Strategy Builds Momentum and Explores Stock BuybackPress Release | 08/11/2022
VAYK Alternative Property Finance App Garners New Investment InterestPress Release | 07/26/2022
VAYK Expands App Development For Alt Income Producing Vacation Property Finance Press Release | 07/12/2022
VAYK Plans To Expand In Cuba As Biden Administration Expands Access To MicrofinancePress Release | 05/27/2022
VAYK To Introduce Airbnb Investment Opportunities In Cuba As U.S. Government Greenlights An American Investment In Private Businesses In CubaPress Release | 05/19/2022
VAYK To Present Cuba Vacation Rental Cryptocurrency Backed Expansion Plans OnlinePress Release | 05/10/2022
VAYK Userbase Set To Grow In Response To Interest Rate HikesPress Release | 05/06/2022
VAYK Cuba Tourism Pilot Right Time Right Place As Cuba Targets $1.5 Billion In Tourism Revenue This Year AlonePress Release | 05/05/2022
VAYK Mobile APP To Source Purchase Financing For Income Producing Vacation Properties Undergoes Final ReviewPress Release | 05/04/2022
VAYK Announces First Cryptocurrency Offering For Short-Term Vacation RentalsPress Release | 04/21/2022
VAYK See Jeff Bezos Backed Arrived Homes As Validation Of VAYK AppPress Release | 04/19/2022
VAYK Garners Validation As Early Mover In Alt Finance Market For Income Properties Press Release | 04/18/2022
VAYK Features Airbnb Cannabis Tourism With 420 On The HorizonPress Release | 04/08/2022
VAYK To Introduce Cryptocurrency Purchase Financing For Short-Term Vacation RentalsPress Release | 04/06/2022
VAYK To Launch V-2 Of Award-Winning P2P Alt Finance APP Next MonthPress Release | 03/31/2022
VAYK Makes Headway In Airbnb Market For Individuals and SMBPress Release | 03/29/2022
VAYK Annual Report and Update To Highlight New App and Cryptocurrency ExchangePress Release | 03/29/2022
VAYK CEO Sees Vacasa Performance As Another Indicator Of VAYK Potential Press Release | 03/18/2022
VAYK Announces Short-Term Rental Property Cryptocurrency Update Following Definancial Acquisition Press Release | 03/15/2022
VAYK Acquires Cryptocurrency ExchangePress Release | 03/11/2022
VAYK Cryptocurrency Exchange Acquisition Closing Scheduled For Today – Look For Announcement Press Release | 03/11/2022
VAYK Confirms Cryptocurrency Exchange Acquisition Closing Scheduled FridayPress Release | 03/08/2022
VAYK Set To Close Cryptocurrency Exchange Acquisition Next WeekPress Release | 03/04/2022
VAYK Anticipates Increased Visibility From Airbnb Earnings Report And Interest Rate IncreasesPress Release | 02/16/2022
VAYK Short-Term Vacation Rental Purchase Finance P2P Mobile App Coming SoonPress Release | 02/10/2022
VAYK Anticipates Closing Cryptocurrency Exchange Acquisition Within 30 DaysPress Release | 02/08/2022
VAYK Sees Record Emerging Market Cryptocurrency Growth Fueling VAYK Short-Term Vacation Rental Backed CryptocurrenciesPress Release | 02/02/2022
VAYK Announces First Short-Term Vacation Rental Backed Cryptocurrencies In The WorksPress Release | 02/01/2022
VAYK Publishes Candid Letter To Shareholders On ROI Potential And RiskPress Release | 01/28/2022
VAYK Award Winning P2P Alt Real Estate Finance App Soon To Add Cryptocurrency Investment OptionPress Release | 01/27/2022
VAYK Executes LOI To Acquire Cryptocurrency Exchange Developed By Definancial IncPress Release | 01/27/2022
VAYK Announces LOI To Acquire Cryptocurrency Exchange Developed By Definancial Inc.Press Release | 01/27/2022
VAYK Introduces Cryptocurrency Concept To Expand Vacation Rental Property PortfolioPress Release | 01/20/2022
VAYK To Expand Vacation Rental Property Portfolio With Cryptocurrency FundingPress Release | 01/20/2022
VAYK Cubaesque Expansion Via The Cancun Model And Travel App ProliferationPress Release | 01/19/2022
VAYK Publishes 2022 Travel Industry Expansion PlanPress Release | 01/14/2022
VAYK Confirms Travel Industry Expansion Plan Presentation Scheduled For TomorrowPress Release | 01/13/2022
VAYK 2022 Alternative Real Estate Financing Growth Outlook Expected To Get A BoostPress Release | 01/12/2022
VAYK Publishes Vaycaychella App Version 2.0 UpdatePress Release | 01/04/2022
VAYK Travel Industry Concept Begins To Take Shape As Potential Rapid Growth Reality Press Release | 12/22/2021
VAYK Revenue Could Get A Boost From Bitcoin EvolutionPress Release | 12/21/2021
VAYK To Realize First Revenue In 2021 And Set For Rapid Revenue Growth In 2022 With A Potential Boost From BitcoinPress Release | 12/21/2021
VAYK Set To Begin Generating Revenue In 2022 From Trillion Dollar Tourism IndustryPress Release | 12/15/2021
VAYK Expands Short Term Rental Portfolio In Caribbean Backed By CryptocurrencyPress Release | 12/10/2021
VAYK to Present at the Emerging Growth Conference on December 8, 2021 Press Release | 12/07/2021
CEOs Presenting at the Emerging Growth Conference on December 8; Register NowPress Release | 12/07/2021
VAYK Cryptocurrency Addition Garners New Investment Interest As Vacasa Goes PublicPress Release | 12/03/2021
VAYK Adds Cryptocurrency Crowdfunding To Alt Finance App For Funding Short-Term Vacation Rental Property Purchasing Press Release | 12/01/2021
VAYK P2P Property Finance App 2.0 Designed To Include Cryptocurrency Investment Preview Scheduled Next WeekPress Release | 11/24/2021
VAYK – Vaycaychella Announces Coming Cryptocurrency Exchange For Vacation Rental Properties And Additional Vacation Business Management Technologies To FollowPress Release | 11/17/2021
VAYK – Vaycaychella To Add Cryptocurrency Offering To P2P Short-Term Vacation Rental Purchase Finance App And Expand Into Additional Vacation TechnologiesPress Release | 11/15/2021
VAYK - Vaycaychella Brings P2P Finance and Cryptocurrency to Travel IndustryPress Release | 11/12/2021
VAYK – Vaycaychella To Unveil Travel Technology Expansion Plans Press Release | 11/12/2021
WSGF Ticker Symbol Change To VAYK Effective Tomorrow – Nov 12, 2021Press Release | 11/11/2021
WSGF Plans To Launch Exchange For Real Estate Backed Cryptocurrencies By Year EndPress Release | 11/09/2021
WSGF Announces Name Change To Vaycaychella And Issues Management UpdatePress Release | 11/09/2021
WSGF - Vaycaychella Steps Up Revenue Growth Potential In $100 Billion Short-Term Rental MarketPress Release | 10/13/2021
WSGF - Vaycaychella Introduces Cryptocurrency and M&A Plan for $100 Billion Short-Term Rental MarketPress Release | 10/13/2021
WSGF Announces Plans To Expand Short-Term Rental Property Purchase Fintech Finance Business Through Organic Growth And AcquisitionPress Release | 10/12/2021
WSGF Confirms Vaycaychella Growth Acceleration Presentation Scheduled Next Week On Wednesday, October 13thPress Release | 10/08/2021
WSGF – Vaycaychella Streamlines Onboarding New Vaycaychella App Users Press Release | 10/06/2021
WSGF – Vaycaychella Sets Foundation For Rapid Revenue GrowthPress Release | 10/05/2021
WSGF – Vaycaychella To Accelerate Short-Term Rental Property Finance Growth With Long-Term Partner Project CommunitiesPress Release | 09/29/2021
WSGF - World Series of Golf Inc Gains Attention as Netflix Launches Series on Vacation Rentals (VIDEO)Press Release | 09/27/2021
WSGF Prepares For Q4 Beach Hotel Opening Press Release | 09/22/2021
WSGF Celebrates One Billion Served and 55% Women Short-Term Vacation Rental StatsPress Release | 09/21/2021
WSGF Announces Company Name Change GreenlightPress Release | 09/17/2021
WSGF Announces Plans To Launch Vaycaychella 2.0 In November With New Functions To Include Cryptocurrency And Banking ServicesPress Release | 09/10/2021
WSGF – Vaycaychella 2.0 Adds Cryptocurrency And Banking Services To Include Visa Debit CardPress Release | 08/24/2021
WSGF – Vacaychella App Lowers Entry Barriers Into Vacation Rental Market Currently Seeing Revenue Growth As High As 4XPress Release | 08/16/2021
WSGF – Vacaychella Confirms Marketing Campaign Rollout Targeting $87 Billion Vacation Rental MarketPress Release | 08/12/2021
WSGF - Vacaychella Announces Marketing Campaign Targeting $87 Billion Vacation Rental MarketPress Release | 08/05/2021
WSGF – Vaycaychella Targets $87 Billion Market With P2P Short Term Rental Property Purchase Marketing CampaignPress Release | 08/05/2021
WSGF Publishes Vaycaychella Update To Include Latest On Name Change And P2P Finance App 2.0Press Release | 07/27/2021
WSGF Schedules Vaycaychella Update For Monday, July 26, 2021Press Release | 07/23/2021
WSGF Vaycaychella Rental Property Purchase App Potential Heats Up As Netflix Launches World's Most Amazing Vacation Rentals SeriesPress Release | 07/07/2021
WSGF CEO Discusses Future Functionality And Marketing Plans After Launching V-1 Short-Term Rental Property Alt Finance Purchase AppPress Release | 06/24/2021
WSGF Previews Vaycaychella Short-Term Rental Property Purchase App Marketing Plan In Conjunction With Planned Corporate Name ChangePress Release | 06/22/2021
WSGF Announces Cuban Short-Term Vacation Rental Properties Backed By CryptocurrencyPress Release | 06/18/2021
WSGF Introduces Cryptocurrency Backed Short-Term Vacation Rental Properties Press Release | 06/18/2021
WSGF Alt Short-Term Vacation Rental Purchase Finance App Is Live And User Base Is GrowingPress Release | 06/15/2021
WSGF Previews Short-Term Vacation Rental Property Backed CryptocurrencyPress Release | 05/28/2021
WSGF Leads Vaycaychella App Registration With Extra Customer Care To Help Rentrepreneurs and Investors Build Short-Term Vacation Rental Property BusinessesPress Release | 05/25/2021
WSGF Highlights Cryptocurrency Component Of New Vaycaychella App To Improve Vacation Rental Property Purchase Finance Accessibility For $1.6 Trillion Travel IndustryPress Release | 05/21/2021
WSGF Launches Vaycaychella App To Make Vacation Rental Property Purchases More Accessible Permitting Anyone To Participate In $1.6 Trillion Travel IndustryPress Release | 05/21/2021
WSGF Confirms Vaycaychella App Launch Kickoff This FridayPress Release | 05/19/2021
WSGF Announces Vaycaychella P2P Alt Property Finance App Launch This FridayPress Release | 05/18/2021
WSGF P2P Alt Property Finance Vaycaychella App Launch Starts Next WeekPress Release | 05/14/2021
WSGF Announces Short-Term Rental Vacation Properties Available On Vaycaychella Alt Finance App To Be Backed By CryptocurrencyPress Release | 05/13/2021
WSGF Plans To Deliver Additional Hosts Airbnb CEO Brian Chesky Says He NeedsPress Release | 04/27/2021
WSGF Releases FinTech Development Review With Crowdfunding And Cryptocurrency Updates And Preview Of Pending Balance Sheet ProgressPress Release | 04/20/2021
WSGF To Preview Cryptocurrency And Crowdfunding Additions To Vaycaychella Real Estate Investment AppPress Release | 04/15/2021
WSGF Schedules Management Update To Follow Pending Annual ReportPress Release | 04/12/2021
WSGF Targets Vacation And Real Estate Markets Post Covid ConvergencePress Release | 04/06/2021
WSGF On Track For Accelerated Vaycaychella P2P Alt Real Estate Investment Fintech App LaunchPress Release | 04/01/2021
WSGF Announces Vaycaychella P2P Alternative Real Estate Investment App Beta LaunchPress Release | 03/01/2021
WSGF P2P Real Estate Finance App Production Release Schedule Remains On TrackPress Release | 02/19/2021
WSGF To Preview Alt Finance App For Short-Term Rental Property Purchases Targeting Growing Segment Within 6.8 Trillion MarketPress Release | 02/04/2021
WSGF Vaycaychella App To Expand Short-Term Rental Ecosystem Spotlighted By AirbnbPress Release | 02/02/2021
WSGF Vaycaychella Short-Term Rental Alt Purchase Finance App Demo Scheduled FridayPress Release | 02/01/2021
WSGF Emphasizes The Democratized Intent Of Its Real Estate Investment App In Light Of Robinhood, Reddit And GameStop NewsPress Release | 01/28/2021
WSGF To Offer Vaycaychella Short-Term Rental P2P Alt Finance App Sneak Peek Next WeekPress Release | 01/28/2021
WSGF Announces Fintech Short-Term Rental P2P Alt Finance App Beta Launch On TrackPress Release | 01/27/2021
WSGF Highlights VRBO Analyst Upgrade As Good News For VaycaychellaPress Release | 01/25/2021
WSGF Announces 95% Survey Support For Vaycacychella Real Estate CryptocurrencyPress Release | 01/22/2021
WSGF - Vaycaychella Backed Boutique Hotel Opening Soon In $32 Billion Caribbean Vacation MarketPress Release | 01/21/2021
WSGF Is Developing A Real Estate CryptocurrencyPress Release | 01/20/2021
WSGF To Publish Real Estate Cryptocurrency Survey Results Next WeekPress Release | 01/15/2021
WSGF - Vaycaychella Customer Prospects Could Find Bargains In Urban MarketsPress Release | 01/14/2021
WSGF Confirms Vaycaychella Cryptocurrency Development PlansPress Release | 01/11/2021
WSGF - A Momentous Launch For New App Vaycaychella Is Projected to Reach $100 Million Revenue TargetPress Release | 01/08/2021
WSGF Targets $100 Million In Revenue Opening Real Estate Investment Market To Smaller InvestorsPress Release | 01/05/2021
WSGF - Vaycaychella Highlights Its Travel Industry FinTech Strategy After Investment Market Bellwether JP Morgan Bets On Post Pandemic Travel BoomPress Release | 12/29/2020
WSGF - Vaycaychella Schedules June 2021 P2P App Launch Targeting $100 Million In RevenuePress Release | 12/23/2020
WSGF - Vaycaychella Presents P2P Income Property Investment App Alternative To Conventional MortgagesPress Release | 12/22/2020
WSGF - Vaycaychella To Discuss Cryptocurrency Strategy In Presentation TomorrowPress Release | 12/21/2020
WSGF - Vaycaychella Confirms $100 Million Revenue Update Scheduled For Tuesday Next Week, December 22, 2020Press Release | 12/18/2020
WSGF - Vaycaychella is Building Global Payment Solutions for Airbnb, Booking.com and VRBO HostsPress Release | 12/17/2020
WSGF - Vaycaychella Expands P2P Vacation Rental Investment Reach Adding New Caribbean PropertyPress Release | 12/15/2020
WSGF - Vaycaychella Reports Strong P2P Investment App Beta User Response From Both Buyers And InvestorsPress Release | 12/14/2020
WSGF - Vaycaychella Solidifies Balance Sheet To Bolster $100M Revenue TargetPress Release | 12/11/2020
WSGF Prepared For Airbnb IPO Double At Open To Accelerate Vaycaychella Market PenetrationPress Release | 12/10/2020
WSGF - Vaycaychella Targets $9 Trillion Market Complimentary To Airbnb $80 Billion Target MarketPress Release | 12/10/2020
WSGF - Vaycacychella Generates Flurry Of New Short-Term Rental Property Acquisition Deals And Corresponding Investor Interest Validating $100 Million Revenue TargetPress Release | 12/10/2020
WSGF - Vaycaychella Finalizes Terms On Another Caribbean Property Expanding $12 Million Sharing Economy P2P Short-Term Vacation Property Model PortfolioPress Release | 12/09/2020
WSGF - Goldman Small Cap Research Scheduled To Release Vaycaychella Analyst Research Report TomorrowPress Release | 12/07/2020
WSGF - P2P Short-Term Rental Investment Firm Vaycaychella Adds New Caribbean 3 Unit Property To Portfolio Available On AirbnbPress Release | 12/07/2020
WSGF - Vaycaychella Finalizes Terms For Acquisition Of Historic Building In Puerto Rico Further Extending Short-Term Rental Market Reach - Deal Expected To Close MondayPress Release | 12/03/2020
WSGF - Vaycaychella Launches Short Term Rental P2P Investment App Beta User Sign-Up For New And Long Time Airbnb, VRBO and Booking.com OperatorsPress Release | 12/02/2020
WSGF Engages Analyst Research Coverage In Conjunction With New Sharing Economy Tech Business Serving Airbnb, VRBO and Booking.com MarketPress Release | 12/01/2020
WSGF - Vaycaychella Adds Boutique Caribbean Hotel To Airbnb Property PortfolioPress Release | 11/24/2020
WSGF Confirms Capital Structure And Highlights Near Term Growth PlansPress Release | 11/19/2020
Helping Hospitality Professionals Find Investment To Buy Their Own Airbnb - A New P2P Service Connecting Rentrepreneurs with InvestrepreneursPress Release | 11/18/2020
WSGF - Vaycaychella Completes P2P App For The Sharing Economy Sector Expected To See $50 Billion In IPOs By Year-End Between Airbnb And DoorDashPress Release | 11/17/2020
WSGF Introduces Sharing Economy Tech Company Vaycaychella For The Short-Term Rental Market Soon To Be In The Airbnb IPO SpotlightPress Release | 11/10/2020
So, they're going to be an apartment manager.
But with a plan to finally accomplish something after years of not being able to produce a penny in revenue.
They're operating purely on debt so what does it matter how much revenue the property that they don't own produces yearly?
Some wannabe promoter, methinks. I guess we might see more of them.
Bill Justice? Or just some yahoo?
Thanks for your attention. Please follow our news release for updates.
No, that's about all Justice has been able to do so far. No revenue since he took over the ticker.
And talk about bullshit, read the pr from 2022. Stock buyback? Seriously? And what ever became of the "conversations with multiple parties exploring joint ventures and acquisitions."
What does this company do , beside ripping people off.. does anyone have anything solid besides bull chit
EM has 15-day grace period, otherwise new 15c2-11 required.
At least that's my understanding from OTCM & FINRA.
$WSGF & then $VAYK exceeded that, so even tho it re-gained Pink Current status, OTCM/FINRA now require an updated Form 15c2-11 to be filed.
This may help
Also OTCM's blog attempts to explain it here & here:
1. https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/
2. https://blog.otcmarkets.com/2023/09/14/the-expert-market-its-larger-role-post-rule-15c2-11/
As mentioned, until then $VAYK continues to trade thin & non-transparently to retail.
Does that imply PPS is "manipulated"?
Maybe. Bids & Asks are not transparent to retail, which is why retail is repeatedly warned against trading or even believing what they see in these stocks.
Doesn't mean they can't run bigly if you're lucky.
GLTA
Looks like higher highs coming soon VAYK
Company needs filing Form-211 otherwise trading still limited. If you go to offical OTC website www.otcmarketing.com and check VAYK, you'll see this warning:
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
That's what's happening here: wide spreads, high volatility. Unless the company files Form-211 with FINRA it won't change much.
Still trading like it did while on the Expert Market.. So once the reigns are off, this B***🤫I see her runnin wild… $0.03 new support!
imho
I think they know something good is coming. That's why retail is having a hard time getting into the game.
Until they put out something , they will just flip this until that happens… good luck
18 trades and 440,000 in volume. What a joke !
And yet, someone just got $.0013s.
0.0017 shares are gone in few minutes. Now the lowest ask is 0.0018. Like I said, there aren't no more cheap shares left. If buyers don't bid higher they won't get it.
I was wondering the same thing. Where are the buyers? They are out buying junk tickers with 10B+ OS that will never ever move. This has 852m, can easily see pennies. This just got current and active let's see what it can do
60,000 share bid at .0012, I just bid 250,000 at .0013, What shows up at .0013 ? 10,000 !!!
Honestly i dunno. Perhaps buyers not convinced yet. As you said the company is just out of "expert market" and people are still watching. But i do believe that all cheap shares are gone. I researched and it is super thin between 0.002 and 0.004. And the newly issued shares of the company (last sept) have a conversion price of $0.007, as @InfiniteAlchemist33 pointed out yesterday. So there should be not much selling power left. If we have new buyers I believe this ticker will soar.
Wouldn't you say the trading here this week has been anemic ? 1 mil shares Monday, 2 mil. yest. and well under 1 mil today so far. VAYK is barely out of trips but we've had 2 promising PR's this week plus more news expected by March. Hardly ever see a 1 million share buy or sell in one shot. OS under 900 mil. where are the buyers ?
AAMOF doesn't look like PPS manipulation today. There's a big spread between bid (0.0012) and ask(0.0018) so it is likely legit. My interpretation is that buyers still want to get shares cheap, but the cheap shares have dried out. Those who loaded at below 0.001 have sold most of their shares to take profit. Those who still have shares no longer want to sell below 0.0018. This is my best guess.
Yes the pps manipulation has been rampant. As Moneychats pointed out, every big bid is not shown because "they" run interference with a 10k bid. Can only hope that means this might have a good run soon.
For some reason ever since this ticket, went to the expert market, executed trades has been very limited..
You still haven't answered my question: what's your criteria for "good investments" on OTC companies? Or do you believe that all penny stocks are bad investments?
I have given you my answer. I believe that 90% of OTC penny stocks will eventually fail. So my investment strategy is to buy at their early stage, and exit when they make certain progresses and meet certain milestones. Do not hold for long term because in long term most penny stocks will likely fail. So i don't care if a company has a future. If it can continue progressing for 2-3 years I will think it is a "good investment".
You don't get it because you have no sense of real business. You are probably looking for next apple or google or GE here. But these OTC companies are for sure not the next appl or google. That's why you always sound so sour and negative.
Yeah, it's not like there are outright scams in the OTC.
Newbies fall for them all the time. Even if they're just flipping, they can get burned. Especially if they only listen to the pumpers who are trying to drive the price up by telling everyone that everything coming out of the company is wonderful.
Like today's pr.
Flipping is probably only reason to invest in penny stocks, at least for retail investors. So i don't know why you are here if you are not talking to traders and flippers. Who do you think are reading your posts? Venture capitalists? Billionaire strategic investors? LOL they don't buy millions of shares at 0.0001 like i do. I understand that you may think you are on a mission, but your perspective is irrelevant for penny stocks.
Put it this way: 90% of small businesses in USA would get bankrupted within 5 years of incorporation. Almost all penny stocks are small businesses so they have a 90% chance to fail. That is the game. Don't tell me to invest in any penny stocks and hold for 5 years. I will buy low and sell high. And I will advise you to do the same.
My posts aren't for traders and flippers looking to score on the bullshit that companies put out in their press releases by hyping it's "potential" or it's low float. If anyone cares about the reality of what the company's prospects are, they might want to read my posts. After all, Justice hasn't done a thing to warrant real interest in it's ability to earn money with it's business plan since taking over WSGF in 2020. The proof is here.
https://www.otcmarkets.com/stock/VAYK/financials
Btw, I only came to follow this ticker because I was warning people about that previous ticker which never stood a chance when Justice took it over. You might have a different view of things if you'd been around longer than three weeks.
Seriously, what's your criteria of good news? What will be the reason for you to think people should buy millions of shares of any penny stocks?
No intention to stalk you, but i do look into your recent posts across boards. Appears that you are talking down on various stocks without endorsing any one. Are you a penny stock investor? Or are you a preacher whose mission is to prevent people from buying any penny stocks? If your conclusion is "don't buy any penny stocks" perhaps you can honestly state so.
As for VAYK, you have been talking negative about it since the PPS was $0.0001. Those who bought at that price could have made over 1000% profit. Will you admit that you were wrong?
Why would they want to buy millions of shares today?
And if they put their order in at the ask why wouldn't they be "allowed" to?
I think people will want to buy millions of shares here this afternoon. Let's see if they're "allowed" to !
Dallas, TX -- February 6, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has increased its net equity by more than $2.5 million, which results from the company successfully reaching debt reduction agreements with previous debtors and investors over the past few fiscal quarters. The overwhelming majority of the debt was eliminated without any reciprocal consideration.
"The majority of the eliminated debts date back to agreements more than 10 years old when the company was under a totally different name and managed by a totally different team, and engaged in a totally different business," says Bill Justice, CEO of the company. "Furthermore, the subject debts were no longer even held by the parties that entered into the original debt agreements."
"In such a context, and with the introduction of new strategic investors, we were able to successfully convince some holders of the legacy debts that it was time for them to move on. We are grateful and very appreciative that most of them agreed to forgive these legacy debts."
One major debtor, according to the company's filings on OTC Markets, forgave all debts owed to him without consideration. This covers all outstanding balances including default penalties resulting in a total reduction of over $2.1 million.
Another debtor, according to the filings, forgave approximately $130, 000 of outstanding debt without consideration.
A third debtor reached an agreement with the company to cancel and waive all the outstanding interest and fees on a total amount of approximately $143,000, without consideration. The same debtor also agreed to convert all the principal of his debt into common shares at a price about ten times higher than the average trading price at the time of conversion. As of today, the executed conversion price is still more than 100% above the trading price of the company's shares.
"Overall, our restructuring campaign led to a debt reduction of approximately $2.55 million, of which about $2.37 million was complete forgiveness or cancellation," said Mr. Justice. "This has resulted in an net equity increase of almost the same amount. Allocated to our approximately 862 million outstanding shares, it equals to a net equity increase close to $0.003 per share."
The company plans to communicate more details regarding its recently updated comprehensive business plan in the following weeks via additional news releases.
They were on the book. It the same as your student loan. It may be old, and you may have no plan to pay it off, but it is there and have an impact on your credit, and you still have to pay interest every year. Would it be a great news if your student loan got forgiven?
Sounds good until you read the content. Reduction of old debts that no shareholder even knew about. Or cared about. How disappointing.
Isn't it true? Where is the misleading?
Talk about a misleading headline.
VAYK Announces Net Equity Increase Over $2.5 Million
https://www.otcmarkets.com/stock/VAYK/news/VAYK-Announces-Net-Equity-Increase-Over-25-Million?id=429593
3 separate buy bids undercut by those lousy 10K MM share bids each time.
If so new bottom should be above $0.01. If someone's conversion price is $0.007 he won't make any profit selling at that price, due to fees/commissions and other costs. He'll only profit selling above $0.01. And since he is likely a pro he may want 50% or higher margin, so his exist price may be between $0.015 - $0.02.
For those who doesn't pay attention to the number of zeros, that target price is 10x higher than the current trading price.
September 2023 a “Convertible Note” was converted to 43,057,901 shares @$0.0073.. this should soon be the new bottom….
Looks like yet another day of retail being shut out of buying and selling this stock. The MM's are here to help. SMH !
Like you pointed out last week, the bids are probably being hidden. Less than 1 mil. volume all morning seems way too low. PPS still held hostage by many 10k - 20k buys and sells.
3-5 mil should be enough to break 0.002 IMO (Level 2 shows 695K shares for sale at 0.0019, but there must be some hidden asks, so i estimate 3-5 million). Overall this thing is super thin. I pulled out its trading data in 2023. Under $0.004 there had only been a few million shares traded at each point, and it is only at and above $0.004 we may see tens of millions volume of resistance.
VAYK’s just waiting on some real volume.. 15 thru 20 million traded then let’s see..
All .0019's printing this morning.
Looks good.
VAYK .0019 up, break this and we run
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